George Soros: A Powerful Politician With a Philanthropic Side

George Soros was born in Hungary in 1930, and in 1947 his family relocated to England where he attended school at the London School of Economics. During this time, he worked as a railway porter and a waiter. Afterward, he moved to New York where he began his career in finance at a merchant bank. In 1969, he created his hedge fund with $12million. Soros is featured on Forbes for breaking the Bank of England in 1992 when he shorted the British pound and made so much profit. Soros Fund Management today boasts of $30 billion assets, and he recently employed Dawn Fitzpatrick to manage his investment portfolio. Learn more about his profile at Forbes.com.

For many years, Soros has incorporated his immense influence in restructuring the political scene of countless countries around the globe. This also includes collapsing regimes that had remained in power for many decades. Soros is a staunch supporter of the liberal cause and also a critic of the presiding president of the US, Donald Trump. In the past, Mr. Soros has spent approximately $27 million in efforts to remove President George Bush from power. He decided to stop giving money to politics, but in 2004, he re-emerged as the top funder of Democratic politics. Additionally, in the recent elections, he made several notable donations totaling to $25million in an attempt to boost the candidacy of Hillary Clinton as well as other Democratic candidates.

George Soros benevolent nature dates back to 1979. In 1984, he established a foundation in his birth country that was named after Karl Popper. The organization was meant to assist in creating vibrant and tolerant democracies whose administrations are accountable to the public. He later opened an office in Moscow that distributed large amounts of cash to different groups and causes. It is believed that his donations rose from $3 million in 1987 to nearly $300 million in 1992. He has so far established countless Open Society Foundations that are still functional in almost 70 nations across the globe. Additionally, in 1993, he founded the New York Open Society Foundation that aimed at injecting funds to American groups and causes.

The ACLU and HRW have supported the agenda of Soros’s Open Society Foundation who believe that America is an oppressive country that continuously violates the human rights of persons at home and abroad. For instance, Soros supported ACLU’s opposition to all the security measure imposed after the 9/11 attacks deeming them as harsh, intrusive and discriminatory to the Muslim community. George Soros other agenda includes protecting immigrants from governmental abuse and discrimination.

Between 1999 and 2008, Soros’s Open Society Foundation has donated over $8.69 million to ACLU Foundation and $6.39 million to HRW between 2000 and 2008. Read more about George at The New York Times.

Sources

http://www.politico.com/story/2016/07/george-soros-democratic-convention-226267

http://www.discoverthenetworks.org/individualProfile.asp?indid=977

https://www.forbes.com/profile/george-soros/

One thought on “George Soros: A Powerful Politician With a Philanthropic Side

  1. There is good news in leading in some of this area but in some way the Open Society Foundation will have to extend their reach to the world. I think that britishessaywriter review will be revealing a lot more in the coming weeks but politics takes time to research. Trying hard to find the missing link has really occupied my mind but I have no doubt in my mind that I will find a good philanthropic deed to begin.

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